NOT LISTED FOR SALE

Estimated Value: $1,382,000 - $2,335,000

4 Beds
4.5 Baths
3,607 Sq Ft
$512/Sq Ft Est. Value

Last Sold January 24, 2014

Last sale price $1,085,000 $301 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $11,344/month

67 Days on Market

Highlights

  • On Golf Course
  • In Ground Pool
  • Gated Community
  • Palm Desert High School Rated A
  • Primary Bedroom Suite
  • Lake View

About This Home

As of January 2014

WEST facing Pool/Spa Ocotillo 2 with detached casita! Huge lot would allow for making even larger casita or for adding private entertaining area. Wonderful LAKE views over Grove #16. This home features a granite kitchen and wet bar, 2 fireplaces (one on each end of the great room) and wonderful views from all entertaining areas. You'll find all electric custom shades in the living areas and master bedroom. Master bedroom and bath has been updated. Offered furnished, this home is located in a primo location in the middle of the club near the Clubhouse. See attached docs for floor plan.

Last Agent to Sell the Property

Terri Munselle

Coldwell Banker Realty License #01260226 Listed on: 11/01/2013

Co-Listed By

Guy Munselle

Coldwell Banker Realty License #01260339

Last Buyer's Agent

Michael Bannister

Estates Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,683

Year Built

  • Built in 1997

Lot Details

  • 7,841 Sq Ft Lot
  • On Golf Course
  • East Facing Home
  • Stucco Fence
  • Sprinklers on Timer

HOA Fees

  • $375 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course
  • Mountain

Home Design

  • Turnkey
  • Tile Roof

Interior Spaces

  • 3,607 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Golf Cart Garage

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 632570002
  • Special Tax Authority

Community Details

Overview

  • Built by Sunrise
  • Indian Ridge Subdivision, Ocotillo 2 G Floorplan

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,683

Year Built

Built in 1997

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: One
  • Builder Model Name: Ocotillo 2 G
  • Builder Name: Sunrise
  • Builders Tract Code: Indian Ridge
  • List Price per Sq Ft: 318.82
  • Lp Sp Ratio: 0.9435
  • Unit Total In Complex: 1068
  • View Type: Golf Course, Mountain(s), Lake
  • Year Built: 1997
  • Co Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Listing Office Fax: (760) 360-1342
  • Listing I D: 213002721
  • Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Fax: (760) 360-1342
  • Selling Office Address: 710 Hawk Hill Trl, Bannister Realty, Palm Desert, CA 92211
  • Selling Office Fax: (760) 200-9636
  • Land Type: Fee
  • Subdivision: Indian Ridge
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Family Room, Living Room
  • Interior Amenities: Wet Bar
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Formal Dining Room
  • Laundry: Individual Room
  • Estimated Sq Ft: 3607.00

Exterior Features

  • Other Features: Barbeque Private
  • Roofing: Tile
  • Fencing: Stucco Wall
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Parking: Golf Cart Garage
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 375.00
  • Total Monthly Association Fees: 375.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 632570002
  • Irrigation: Sprinkler Timer
  • Lot Acres: 0.1800
  • Lot Location: On Golf Course
  • Lot Size: 7841.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
Dec 27, 2013
Sold by
Richter Jerome B
Bought by
Hopkinson Richard H and Hopkinson Laurie J
Seller's Agent
Terri Munselle
Coldwell Banker Realty
Buyer's Agent
Michael Bannister
Estates Realty
List Price
$1,195,000
Sold Price
$1,085,000
Premium/Discount to List
-$110,000
-9.21%
Current Estimated Value
$1,845,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$760,907
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
May 20, 2003
Sold by
Richter Jerome B and Richter Rae M
Bought by
Richter Jerome B and Richter Rae M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1999
Sold by
Giese Clifford D and Giese Robin B
Bought by
Richter Jerome B and Richter Rae M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 1997
Sold by
Sunrise Desert Partners
Bought by
Giese Clifford D and Giese Robin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hopkinson Richard H $1,035,000 Orange Coast Title Company
Richter Jerome B -- Stewart Title
Richter Jerome B -- Central Valley Title Company
Richter Jerome B $600,000 Benefit Land Title
Giese Clifford D $490,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richter Jerome B $700,000
Previous Owner Richter Jerome B $480,000
Previous Owner Giese Clifford D $300,000
Closed Richter Jerome B $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2014 01/24/14 Sold $1,085,000 -5.7% $301 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
12/10/2013 12/10/13 Price Changed $1,150,000 +9.5% $319 / Sq Ft
12/05/2013 12/05/13 Price Changed $1,050,000 -12.1% $291 / Sq Ft
11/01/2013 11/01/13 For Sale $1,195,000 -- $331 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,683 $1,268,198 $443,867 $824,331
2023 $15,683 $1,218,954 $426,632 $792,322
2022 $15,036 $1,195,054 $418,267 $776,787
2021 $14,726 $1,171,622 $410,066 $761,556
2020 $14,450 $1,159,610 $405,862 $753,748
2019 $14,176 $1,136,873 $397,904 $738,969
2018 $13,908 $1,114,582 $390,102 $724,480
2017 $13,646 $1,092,728 $382,453 $710,275
2016 $14,714 $1,071,303 $374,954 $696,349
2015 $14,771 $1,055,213 $369,323 $685,890
2014 $11,736 $813,726 $188,063 $625,663
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 213002721

California Desert Association of REALTORS®

APN: 632-570-002